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Comparing between two banks ( in the view of an investor)
Finance & Accounting
Pages 3 (753 words)
Comparing Between the Abu Dhabi Commercial Bank and the Abu Dhabi Islamic Bank Name Institution Course Date This paper describes the products offered by two different banks in Abu Dhabi, which are the Abu Dhabi commercial bank and the Abu Dhabi Islamic Bank that are located within the UAE.
It also provides my opinion concerning about the banks as a whole and what is best. The credit cards that are offered by the Abu Dhabi commercial bank are the best when compared with those from the Islamic bank. This is mainly because it offers services that are attractive for their customers and other investors unlike the credit card from the Islamic bank (Aldohni, 2012). First and foremost the commercial bank’s card allows for flexibility and convenience in the investor activities as it enables them to pay their utility bills or make payments for school or college fees in over 300 institutions located within Abu Dhabi. With the card from the commercial bank, an individual may also get discounts when using it to travel thereby saving his or her money (Kapoor, 2004). It additionally offers a plan for personal payment with lower interest rates and is payable in installments and also offers lower interest rates when using the card for the purpose of transferring balances from other banks to the commercial banking institution (Aldohni, 2012). The commercial banks credit card is also superior to the Islamic card because it may enable customers to enjoy superior experiences in their lifestyles. ...
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